diff --git a/multiversx_sdk_core/transaction_factories/token_management_transactions_factory.py b/multiversx_sdk_core/transaction_factories/token_management_transactions_factory.py
index cc68af7..88c67e9 100644
--- a/multiversx_sdk_core/transaction_factories/token_management_transactions_factory.py
+++ b/multiversx_sdk_core/transaction_factories/token_management_transactions_factory.py
@@ -4,7 +4,7 @@
 from typing import List, Protocol
 
 from multiversx_sdk_core.interfaces import IAddress
-from multiversx_sdk_core.serializer import arg_to_string, args_to_strings
+from multiversx_sdk_core.serializer import arg_to_string
 from multiversx_sdk_core.transaction import Transaction
 from multiversx_sdk_core.transaction_factories.transaction_builder import \
     TransactionBuilder
@@ -44,6 +44,7 @@ class TokenManagementTransactionsFactory:
     def __init__(self, config: IConfig):
         self._config = config
         self._true_as_hex = arg_to_string("true")
+        self._false_as_hex = arg_to_string("false")
 
     def create_transaction_for_issuing_fungible(
         self,
@@ -67,12 +68,12 @@ def create_transaction_for_issuing_fungible(
             arg_to_string(token_ticker),
             arg_to_string(initial_supply),
             arg_to_string(num_decimals),
-            *([arg_to_string("canFreeze"), self._true_as_hex] if can_freeze else []),
-            *([arg_to_string("canWipe"), self._true_as_hex] if can_wipe else []),
-            *([arg_to_string("canPause"), self._true_as_hex] if can_pause else []),
-            *([arg_to_string("canChangeOwner"), self._true_as_hex] if can_change_owner else []),
-            *(args_to_strings(["canUpgrade", str(can_upgrade).lower()])),
-            *(args_to_strings(["canAddSpecialRoles", str(can_add_special_roles).lower()]))
+            *([arg_to_string("canFreeze"), self._true_as_hex if can_freeze else self._false_as_hex]),
+            *([arg_to_string("canWipe"), self._true_as_hex if can_wipe else self._false_as_hex]),
+            *([arg_to_string("canPause"), self._true_as_hex if can_pause else self._false_as_hex]),
+            *([arg_to_string("canChangeOwner"), self._true_as_hex if can_change_owner else self._false_as_hex]),
+            *([arg_to_string("canUpgrade"), self._true_as_hex if can_upgrade else self._false_as_hex]),
+            *([arg_to_string("canAddSpecialRoles"), self._true_as_hex if can_add_special_roles else self._false_as_hex])
         ]
 
         return TransactionBuilder(
@@ -112,13 +113,13 @@ def create_transaction_for_issuing_semi_fungible(
             "issueSemiFungible",
             arg_to_string(token_name),
             arg_to_string(token_ticker),
-            *([arg_to_string("canFreeze"), self._true_as_hex] if can_freeze else []),
-            *([arg_to_string("canWipe"), self._true_as_hex] if can_wipe else []),
-            *([arg_to_string("canPause"), self._true_as_hex] if can_pause else []),
-            *([arg_to_string("canTransferNFTCreateRole"), self._true_as_hex] if can_transfer_nft_create_role else []),
-            *([arg_to_string("canChangeOwner"), self._true_as_hex] if can_change_owner else []),
-            *(args_to_strings(["canUpgrade", str(can_upgrade).lower()])),
-            *(args_to_strings(["canAddSpecialRoles", str(can_add_special_roles).lower()]))
+            *([arg_to_string("canFreeze"), self._true_as_hex if can_freeze else self._false_as_hex]),
+            *([arg_to_string("canWipe"), self._true_as_hex if can_wipe else self._false_as_hex]),
+            *([arg_to_string("canPause"), self._true_as_hex if can_pause else self._false_as_hex]),
+            *([arg_to_string("canTransferNFTCreateRole"), self._true_as_hex if can_transfer_nft_create_role else self._false_as_hex]),
+            *([arg_to_string("canChangeOwner"), self._true_as_hex if can_change_owner else self._false_as_hex]),
+            *([arg_to_string("canUpgrade"), self._true_as_hex if can_upgrade else self._false_as_hex]),
+            *([arg_to_string("canAddSpecialRoles"), self._true_as_hex if can_add_special_roles else self._false_as_hex])
         ]
 
         return TransactionBuilder(
@@ -150,13 +151,13 @@ def create_transaction_for_issuing_non_fungible(
             "issueNonFungible",
             arg_to_string(token_name),
             arg_to_string(token_ticker),
-            *([arg_to_string("canFreeze"), self._true_as_hex] if can_freeze else []),
-            *([arg_to_string("canWipe"), self._true_as_hex] if can_wipe else []),
-            *([arg_to_string("canPause"), self._true_as_hex] if can_pause else []),
-            *([arg_to_string("canTransferNFTCreateRole"), self._true_as_hex] if can_transfer_nft_create_role else []),
-            *([arg_to_string("canChangeOwner"), self._true_as_hex] if can_change_owner else []),
-            *(args_to_strings(["canUpgrade", str(can_upgrade).lower()])),
-            *(args_to_strings(["canAddSpecialRoles", str(can_add_special_roles).lower()]))
+            *([arg_to_string("canFreeze"), self._true_as_hex if can_freeze else self._false_as_hex]),
+            *([arg_to_string("canWipe"), self._true_as_hex if can_wipe else self._false_as_hex]),
+            *([arg_to_string("canPause"), self._true_as_hex if can_pause else self._false_as_hex]),
+            *([arg_to_string("canTransferNFTCreateRole"), self._true_as_hex if can_transfer_nft_create_role else self._false_as_hex]),
+            *([arg_to_string("canChangeOwner"), self._true_as_hex if can_change_owner else self._false_as_hex]),
+            *([arg_to_string("canUpgrade"), self._true_as_hex if can_upgrade else self._false_as_hex]),
+            *([arg_to_string("canAddSpecialRoles"), self._true_as_hex if can_add_special_roles else self._false_as_hex])
         ]
 
         return TransactionBuilder(
@@ -190,13 +191,13 @@ def create_transaction_for_registering_meta_esdt(
             arg_to_string(token_name),
             arg_to_string(token_ticker),
             arg_to_string(num_decimals),
-            *([arg_to_string("canFreeze"), self._true_as_hex] if can_freeze else []),
-            *([arg_to_string("canWipe"), self._true_as_hex] if can_wipe else []),
-            *([arg_to_string("canPause"), self._true_as_hex] if can_pause else []),
-            *([arg_to_string("canTransferNFTCreateRole"), self._true_as_hex] if can_transfer_nft_create_role else []),
-            *([arg_to_string("canChangeOwner"), self._true_as_hex] if can_change_owner else []),
-            *([arg_to_string("canUpgrade"), self._true_as_hex] if can_upgrade else []),
-            *([arg_to_string("canAddSpecialRoles"), self._true_as_hex] if can_add_special_roles else []),
+            *([arg_to_string("canFreeze"), self._true_as_hex if can_freeze else self._false_as_hex]),
+            *([arg_to_string("canWipe"), self._true_as_hex if can_wipe else self._false_as_hex]),
+            *([arg_to_string("canPause"), self._true_as_hex if can_pause else self._false_as_hex]),
+            *([arg_to_string("canTransferNFTCreateRole"), self._true_as_hex if can_transfer_nft_create_role else self._false_as_hex]),
+            *([arg_to_string("canChangeOwner"), self._true_as_hex if can_change_owner else self._false_as_hex]),
+            *([arg_to_string("canUpgrade"), self._true_as_hex if can_upgrade else self._false_as_hex]),
+            *([arg_to_string("canAddSpecialRoles"), self._true_as_hex if can_add_special_roles else self._false_as_hex])
         ]
 
         return TransactionBuilder(
diff --git a/multiversx_sdk_core/transaction_factories/token_management_transactions_factory_test.py b/multiversx_sdk_core/transaction_factories/token_management_transactions_factory_test.py
index 1bacdcf..f59b169 100644
--- a/multiversx_sdk_core/transaction_factories/token_management_transactions_factory_test.py
+++ b/multiversx_sdk_core/transaction_factories/token_management_transactions_factory_test.py
@@ -37,12 +37,12 @@ def test_create_transaction_for_issuing_fungible():
         can_wipe=True,
         can_pause=True,
         can_change_owner=True,
-        can_upgrade=True,
-        can_add_special_roles=True
+        can_upgrade=False,
+        can_add_special_roles=False
     )
 
     assert transaction.data
-    assert transaction.data.decode() == "issue@4652414e4b@4652414e4b@64@@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@74727565@63616e4164645370656369616c526f6c6573@74727565"
+    assert transaction.data.decode() == "issue@4652414e4b@4652414e4b@64@@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@66616c7365@63616e4164645370656369616c526f6c6573@66616c7365"
     assert transaction.sender == frank.to_bech32()
     assert transaction.receiver == "erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqzllls8a5w6u"
     assert transaction.amount == 50000000000000000
@@ -58,12 +58,12 @@ def test_create_transaction_for_issuing_semi_fungible():
         can_pause=True,
         can_transfer_nft_create_role=True,
         can_change_owner=True,
-        can_upgrade=True,
-        can_add_special_roles=True
+        can_upgrade=False,
+        can_add_special_roles=False
     )
 
     assert transaction.data
-    assert transaction.data.decode() == "issueSemiFungible@4652414e4b@4652414e4b@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e5472616e736665724e4654437265617465526f6c65@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@74727565@63616e4164645370656369616c526f6c6573@74727565"
+    assert transaction.data.decode() == "issueSemiFungible@4652414e4b@4652414e4b@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e5472616e736665724e4654437265617465526f6c65@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@66616c7365@63616e4164645370656369616c526f6c6573@66616c7365"
     assert transaction.sender == frank.to_bech32()
     assert transaction.receiver == "erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqzllls8a5w6u"
     assert transaction.amount == 50000000000000000
@@ -79,12 +79,12 @@ def test_create_transaction_for_issuing_non_fungible():
         can_pause=True,
         can_transfer_nft_create_role=True,
         can_change_owner=True,
-        can_upgrade=True,
-        can_add_special_roles=True
+        can_upgrade=False,
+        can_add_special_roles=False
     )
 
     assert transaction.data
-    assert transaction.data.decode() == "issueNonFungible@4652414e4b@4652414e4b@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e5472616e736665724e4654437265617465526f6c65@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@74727565@63616e4164645370656369616c526f6c6573@74727565"
+    assert transaction.data.decode() == "issueNonFungible@4652414e4b@4652414e4b@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e5472616e736665724e4654437265617465526f6c65@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@66616c7365@63616e4164645370656369616c526f6c6573@66616c7365"
     assert transaction.sender == frank.to_bech32()
     assert transaction.receiver == "erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqzllls8a5w6u"
     assert transaction.amount == 50000000000000000
@@ -101,12 +101,12 @@ def test_create_transaction_for_registering_meta_esdt():
         can_pause=True,
         can_transfer_nft_create_role=True,
         can_change_owner=True,
-        can_upgrade=True,
-        can_add_special_roles=True
+        can_upgrade=False,
+        can_add_special_roles=False
     )
 
     assert transaction.data
-    assert transaction.data.decode() == "registerMetaESDT@4652414e4b@4652414e4b@0a@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e5472616e736665724e4654437265617465526f6c65@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@74727565@63616e4164645370656369616c526f6c6573@74727565"
+    assert transaction.data.decode() == "registerMetaESDT@4652414e4b@4652414e4b@0a@63616e467265657a65@74727565@63616e57697065@74727565@63616e5061757365@74727565@63616e5472616e736665724e4654437265617465526f6c65@74727565@63616e4368616e67654f776e6572@74727565@63616e55706772616465@66616c7365@63616e4164645370656369616c526f6c6573@66616c7365"
     assert transaction.sender == frank.to_bech32()
     assert transaction.receiver == "erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqzllls8a5w6u"
     assert transaction.amount == 50000000000000000
diff --git a/pyproject.toml b/pyproject.toml
index 31c70c1..da1ff56 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "multiversx-sdk-core"
-version = "0.7.3"
+version = "0.7.4"
 authors = [
   { name="MultiversX" },
 ]